This growth was driven by the production and commercialization of agricultural inputs, including results from the USA operations.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The Group currently operates 23 logistics parks, with strategic emphasis on urban logistics projects and Big Box facilities.
ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.
Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
BRD is among the first banks which will roll out in production, RoPay, an instant mobile, proximity and payments service, via QR code, which is simple, secured and free of charge.
Raiffeisen Bank Romania's assets exceeded RON 74.3 billion in the first 9 months of the year, marking an increase of 10% compared to the same period last year.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
In terms of the financial results registered by the entities within Teilor Holding, in the first half of 2024, posted a turnover from its activity in Romania of RON 127.3 million.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
The company reported a 19% increase in revenue and a 2% rise in net profit for the first six months of this year compared to H1 2023.
The "Software Services" segment continued to be AROBS's main pillar, generating revenue of RON 166 million, accounting for 81% of the total revenue.
Premier Energy Group maintained a highly liquid financial position, with approximately €109 million in net working capital and cash balance as of the end of the first half of 2024.
Revenue from the residential segment reached €105.4 million, a 14% YoY decrease. However, net income from residential properties increased by 6% YoY to €38.3 million.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
On the other hand, 28% say they are optimistic about the year ahead, with a significantly higher percentage among those with incomes over RON 6,000 (33%).
The elimination of the holiday vouchers will freeze or cancel investments in tourism infrastructure.